Can I add money from my credit card to phone pay?

Transferring Funds to PhonePe Using a Credit Card

PhonePe, a popular mobile payment and financial services platform, allows users to fund their accounts through various methods. While it’s not possible to directly add money from a credit card to PhonePe, there is a workaround to achieve this goal.

Step 1: Link a Digital Wallet

Connect a digital wallet, such as Google Pay, Paytm, or Amazon Pay, to your PhonePe account. Ensure that the wallet is linked to the same mobile number you use for PhonePe.

Step 2: Deposit Funds into the Digital Wallet

Use your credit card to deposit funds into the linked digital wallet. This can be done within the wallet’s app or through a third-party platform.

Step 3: Transfer Funds to PhonePe

Once the funds have been deposited into the digital wallet, initiate a transfer to your PhonePe balance. Go to the “Payments” or “Transfer Money” section within PhonePe and select the option to transfer from your linked digital wallet.

Note:

• Some digital wallets may charge a small fee for fund transfer.
• The minimum transfer amount and transaction limits may vary depending on the platform.
• This method effectively bypasses the inability to add funds directly from a credit card to PhonePe.

Benefits of Using This Method:

• It allows you to utilize credit card rewards and benefits.
• It provides an indirect way to convert credit card payments into PhonePe transactions.
• It is a convenient option for users who prefer to avoid transferring funds from their bank accounts.

Conclusion:

While PhonePe does not directly support adding funds from a credit card, linking a digital wallet provides a workaround to achieve this functionality. By following the steps outlined above, you can easily transfer credit card funds into your PhonePe account and enjoy the convenience of quick and secure mobile payments.